openPR Logo
Press release

COVID-19 Impact on Nitrocellulose Market in 2020 | Key Players Nitro Química, DuPont, Nitro Química, EURENCO, Synthesia, a.s., etc

Nitrocellulose Market

Nitrocellulose Market

The global Nitrocellulose Market is likely to foresee impressive growth in the forthcoming years. The is ascribable to the latest innovations and accelerated globalization.

The global nitrocellulose market size is anticipated to witness remarkable growth on account of the increasing demand for automotive paints worldwide. Nitrocellulose or cellulose nitrate is a pulp-like substance created when cellulose is exposed to a nitrating agent especially nitric acid. It is used in lacquers, paints, and gunpowder as it is a flammable substance. A recent report Fortune Business Insights™ titled, “Nitrocellulose Market Size, Share & Industry Analysis, By Application (Automotive Paints, Printing Inks, Wood Coatings, Leather Finishes, Nail Varnish, Others) Others and Regional Forecast, 2019-2026,” offers an in-depth analysis of the market.

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this, too, shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. Some industries are struggling, and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Highlights of the Report

The report is based on qualitative and quantitative analysis of the market and offers a 360-degree overview of the same. It discusses major factors boosting, repelling, creating opportunities, and challenging the market in the forecast period. The report also provides details of the market segmentation based on factors such as application, and region and lists the names of leading segments with their base and forecast figure and CAGR. Besides this, the report lists the names of players operating in the market and the major strategies adopted by them to reach for the top position in the competition. These strategies include mergers and acquisitions, contracts and agreements, joint ventures, and others. Furthermore, the report talks about major industry developments, current nitrocellulose market trends, and other interesting insights useful for investors in the market in the future.

Request A Sample Copy - Nitrocellulose Market Report Click here:

Market Drivers

Increasing Popularity of Electric vehicles will Aid in Expansion of Market

Nitrocellulose is used in a number of products such as inks, wood coatings, gunpowder, plastic films, and others. Therefore, the increasing demand for the aforementioned products is expected to boost the nitrocellulose market growth. Additionally, properties of nitrocellulose also help to increase its popularity in the world market. Properties such as high solubility, adhesion, quick-dry, and durability help to increase its demand from various applications ranging from plastic films to explosives, thereby augmenting growth.

However, factors such as the high explosive nature of nitrocellulose may cause the market to face rough waters in the forecast duration. This, coupled with the fact that it is highly flammable and can be ignited with mere friction or spark may also cause major hindrance to the overall growth of the market.

Nevertheless, the increasing demand for automotive paints and the efficient performance provided by electric and hybrid vehicles will help increase the popularity of nitrocellulose thus, adding impetus to the future market.

Regional Segmentation:

Asia Pacific to continue Dominance on Account of Rising Demand for Wood Coatings

The global nitrocellulose market is categorized into five major regions in the world. These include Asia Pacific, Europe, North America, Latin America, and the Middle East and Africa. Each of these regions is further classified on the basis of nations. Among these, Asia Pacific is holding the dominant nitrocellulose market share on account of the increasing demand for wood coatings. This, coupled with the rising demand for leather finishing will also aid in the expansion of the market in Asia Pacific.

On the other side, the market in Europe will witness significant growth in the forecast period owing to the increasing demand for nitrocellulose in the form of paint. This rise in demand is further attributed to the increasing consumption of automotive paints and the presence of large manufacturers for automobiles in the region. Moreover, the market in North America will also rise remarkably due to the growth of the furniture industry and increasing demand for coating wood that further propels the need for nitrocellulose in the region. Furthermore, Latin America and the Middle East and Africa regions will rise steadily on account of the increasing demand for inks.

Gain More Insights into the Nitrocellulose Market Research Report:

Competitive Landscape:

Expansion of Product to Various Geographies – Key Strategy of Players

The presence of many players has resulted in intense market competition. The increasing trend of sports cars and SUV vehicles have propelled players to develop various nitrocellulose products suitable for automobile paint. Therefore, players are investing heavy amount into product development and focusing on geographical expansion of their products to gain a competitive edge in the market. Players are also indulging in other strategies such as joint ventures, mergers, and acquisitions, agreements and contracts to attract high nitrocellulose market revenue in the coming years.

List of Significant Players of the Nitrocellulose Market include:

• Synthesia a.s.
• North Sichuan Nitrocellulose Corporation
• Dupont Specialty Solutions
• TNC Industrial Co. Ltd.
• Nitro Cellulose Group
• Nitrochemie AG
• Hagedorn AG
• Nitrex Chemicals India Ltd.
• Nitro Chemical Industry Ltd.
• Nitro Quimica
• Other Vendors

Pre Book Complete Research Report:

Contact Us:

Fortune Business Insights Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune - 411045, Maharashtra, India.


US :+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245


About Us:

Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights, we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release COVID-19 Impact on Nitrocellulose Market in 2020 | Key Players Nitro Química, DuPont, Nitro Química, EURENCO, Synthesia, a.s., etc here

News-ID: 2149875 • Views:

More Releases from Fortune Business Insights™

World Environment Day 2023: How Saving Water Can Help Us Save The Environment
World Environment Day 2023: How Saving Water Can Help Us Save The Environment
Wastewater comes from homes, businesses, industrial sites and farms, as well as any stormwater or groundwater that enters the sewer system. Specialised treatment plants process this wastewater. A combination of technologies is used to achieve the treatment objectives, based on the character of raw wastewater and use of the treated wastewater. These processes include primary, secondary and tertiary treatment. Our research, published today, found wastewater treatment removes a lot of particles,
Cosmetics Market Research Analysis by Top Key Players, Types, New Trends and Forecast till 2028
Cosmetics Market Research Analysis by Top Key Players, Types, New Trends and For …
The global cosmetics industry was valued at USD 277.67 billion in 2020 and is projected to grow from USD 287.94 billion in 2021 to USD 415.29 billion in 2028, exhibiting a CAGR of  5% during the 2021-2028 period. In recent times, demand for makeup and skincare products has surged dramatically. Both men and women use it to enhance their overall appearance.  The industry offers a wide variety of products, such as hair care, face care,
Aquafeed Market Trends, Growth, Share, Size and Forecast Research Report 2028
Aquafeed Market Trends, Growth, Share, Size and Forecast Research Report 2028
The global aquafeed market size is anticipated to reach USD 85.17 billion by 2028 and exhibit a CAGR of 5.59% during the forecast period. The increasing popularity of aquafeed and the rising investments in the research and developments activities are projected to foster growth for the market. The market's growth is also ascribable to the increasing seafood trade due to the soaring seafood consumption and consumer expenditure on fish and
Cricket Equipment Market Demand, Recent Trends, Size and Share Estimation by 2029 with Top Players
Cricket Equipment Market Demand, Recent Trends, Size and Share Estimation by 202 …
The global cricket equipment market size was valued at USD 564.43 million in 2021 and USD 594.46 million in 2022. The market is expected to reach USD 897.02 million by 2029 with a CAGR of 6.05% during the forecast period. Growing demand for cricket bats and equipment from various institutions schools, colleges, cricket clubs, and fitness centers is anticipated to drive market growth. Increasing demand for customized sports products and cricket accessories

All 5 Releases

More Releases for Nitro

New Trends of Nitro Infused Beverage Market - New Innovations, Research and Grow …
The most recent SMI research study, "Global Nitro Infused Beverage Market Outlook 2022" contains more than 100 pages of analysis on business strategy, which has been embraced by both established and up-and-coming industry players. It provides knowledge of the current market's development, landscape, technologies, drivers, opportunities, and status. Understanding the segments aids in determining the significance of various elements that support market growth. Explore market data, tables, and figures, as well
Global Para Nitro Cholrobenzene Market Trends & Forecasts
According to a new market research report published by Global Market Estimates, the Global Para Nitro chlorobenzene Market is expected to grow at a CAGR of 4.25% during the forecast period. The demand for p-nitro chlorobenzene is projected to be high due to the growing pharmaceutical industry and rubber chemical industries. Browse 156 Market Data Tables and 94 Figures spread through 170 Pages and in-depth TOC on "Para Nitro chlorobenzene
What's driving the Nitrocellulose Market Growth? Prominent Players: Nitro Qumic …
The global Nitrocellulose Market is likely to foresee impressive growth in the forthcoming years. The is ascribable to the latest innovations and accelerated globalization. Increasing investments in the chemical business is likely to keep the factories. Furthermore, the demand for chemicals is fueling owing to the increase in consumer spending. Jobs in this sector are increasing at a rapid rate, which in turn, is expected to create growth opportunities.
Global Nitro Compound Fertilizer Market : Analysis & Forecast 2018-2025
The global Nitro Compound Fertilizer market is valued at million US$ in 2018 is expected to reach million US$ by the end of 2025, growing at a CAGR of during 2019-2025. This report focuses on Nitro Compound Fertilizer volume and value at global level, regional level and company level. From a global perspective, this report represents overall Nitro Compound Fertilizer market size by analyzing historical data and future prospect. Regionally, this
Nitro Compound Fertilizer Market Aims Bigger with Technological Innovations
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Nitro Compound Fertilizer in these regions, from 2012 to 2022 (forecast), covering North America Europe China Japan Southeast Asia India Ask for sample copy @ Global Nitro Compound Fertilizer market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including Hanfeng Agrium Growth Products Helena Chemicals Kugler Company Lebanon Seaboard Georgia-Pacific Sinochem Kingenta LUXI STANLEY WengFu Group Hubei Xinyangfeng Sinochem On
Global Nitrocellulose Market 2017 - SNPE, Nitro Quimica, Dow, Nitro Chemical, Sy …
Global Nitrocellulose Market 2017, presents a professional and in-depth study on the current state of the Nitrocellulose market globally, providing basic overview of Nitrocellulose market including definitions, classifications, applications and industry chain structure, Nitrocellulose Market report provides development policies and plans are discussed as well as manufacturing processes and cost structures. Nitrocellulose market size, share and end users are analyzed as well as segment markets by types, applications and companies. Get